Fact Source: Financial Supervisory Service DART
Market: KOSPI (000660)
💡 3-Second Summary
SK Hynix has revised the expected acquisition base date (closing date) for the second and final closing of its Intel NAND business acquisition from March 15, 2025, to March 31, 2025, reflecting current transaction progress.
📊 Key Disclosure Contents & Financial Figures
- Initial Filing Date: October 20, 2020
- Acquired Business: Intel Corporation’s entire NAND business unit, excluding the Optane business (Includes SSD business, NAND component/wafer business, and Dalian manufacturing facility in China)
- Purpose of Acquisition: Strengthening NAND business competitiveness and building a high-value-added product portfolio
- Acquisition Value: KRW 10,310,400,000,000 (Based on FX rate of 1,145.60 KRW/USD on the day prior to board resolution; subject to update upon final transaction completion)
- Payment Structure & Schedule:
- 1st Closing (Completed Dec 30, 2021): KRW 8.0192T (USD 7.0B) paid for the Dalian manufacturing facility and SSD business unit.
- 2nd Closing (Expected): Remaining balance of KRW 2.2912T (USD 2.0B) to be paid for NAND IP, R&D, and operational personnel.
- Acquisition Base Date (Closing Date) Adjustment:
- Before Adjustment: March 15, 2025
- After Adjustment: March 31, 2025
- Counterparty: Intel Corporation
- External Evaluator: Deloitte Anjin LLC
- Reason for Correction: Adjustment of the 2nd Closing date based on transaction progress and addition of corporate restructuring plan sections following format updates.
📝 Editor’s Comment (Key Follow-up Checkpoint)
📌 Verification of Intel NAND Business 2nd Closing Schedule Adjustment and Final Completion
This corrective disclosure notifies the adjustment of the expected final closing date (2nd Closing) for the Intel NAND business acquisition to March 31, 2025. Following the change in the acquisition base date, tracking whether the transaction completion and final payment are executed as scheduled is important for confirming the final conclusion of the asset and IP transfer process. Relevant follow-up progress can be verified in subsequent periodic reports (Quarterly, Half-Yearly, and Annual Reports) or subsequent corrective disclosures.
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Source: This content was structured and newly generated based on official filing data from the Financial Supervisory Service (DART).
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